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jnsie
on June 1, 2020
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Individual Investors Get Burned by Collapse of Com...
Where are you getting 5%+ APY?
brockwhittaker
on June 1, 2020
[–]
He’s talking about paying 5% interest to borrow leverage. That’s about the going rate.
arcticbull
on June 1, 2020
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parent
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Margin interest these days is a lot lower. 5% is about what Robinhood charges. IBKR charges 1.55-0.85% depending on the amount borrowed [1].
[1]
https://www.interactivebrokers.com/en/index.php?f=44427
bob1029
on June 1, 2020
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root
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Thank you for bringing this to my attention.
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